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Patriot Reports Higher 2Q Transportation Revenue

Patriot Transportation Holding Inc. said late Wednesday that net earnings for its second quarter ended March 31 were $1.5 million or 51 cents, compared with $6.9 million or $2.34 a year earlier.

April 27, 2005

Security & Safety Briefs - April 21 - April 27

U.S. Reportedly Not Heeding 9/11 Commission Findings • Senate Approves Negroponte as Intelligence Chief • Worldwide Terrorist Attacks on Rise, Paper Says • DHS Awards $9.6 Mln. in Bus Security Grants

April 27, 2005

Appeals Court Hears Arguments on D.C. Hazmat Law

Click here to write a Letter to the Editor.A federal appeals court heard oral arguments Wednesday on a motion by CSX Transportation seeking to overturn a District of Columbia law restricting rail hazardous materials shipments in the capital.

April 27, 2005

Norfolk Southern Reports Record Revenue in 1Q

Eastern freight railroad Norfolk Southern Corp. reported Tuesday it earned $194 million or 47 cents a share, a 23% rise from last year’s $158 million or 40 cents.

April 27, 2005

CNF Names Con-Way Executive Douglas Stotlar Its New CEO

CNF Inc. said Tuesday that its Board of Directors elected Douglas Stotlar the company’s new chief executive officer.

April 26, 2005

Segmentz Shakes Up Management; CEO Steps Down

Transportation and logistics services company Segmentz Inc. said Tuesday that its chief executive officer and chief operating officer had resigned and that it added a new board member.

April 26, 2005

U.S. Retail Diesel Bounces Back, Rising 3 Cents to $2.289

After falling a week earlier, the average price of U.S. retail diesel fuel bounced back up, rising 3 cents to $2.289 a gallon, the third-highest price on record, the Department of Energy reported Monday.

April 26, 2005

Paccar Reports Record Quarterly Earnings

Truck maker Paccar Inc. said Tuesday its first-quarter profit rose 50% to a record $274 million or $1.56 a share, compared with $182.2 million or $1.03 a year ago.

April 26, 2005

Transport Corp. of America’s Profits Rise Slightly

Truckload carrier Transport Corp. of America Inc. reported Tuesday its first-quarter earnings were $94,000 or 1 cent a share, compared with $71,000 or 1 cent the year before.

April 26, 2005